CONFIDENTIAL

!

Notes of a meeting with the Lord Privy Seal

(Rt. Honourable Humphrey Atkins) and the

Government Chief Whip (Rt. Honourable Michael Jopling) at Government House on Friday 8th January 1982

at 11.00 a.m.

The meeting opened with CS in the chair and the

Rt. Honourable Michael Jopling, FS, SHA, SCNTA, PA, S for S,

good.

SBTC and DTIC present.

Topics raised with Mr. Jopling

2.

Mr. Jopling gave a brief account of his visit in

Hong Kong. His impression was most favourable and he was

especially impressed with the pace of development.

raised the following topics :-

He then

(A)

Hong Kong's emergence as

a financial centre

CS and FS gave a broad analysis of

Hong Kong's economic and financial

development in the past 10 years

and the outlook for the future.

They pointed out that Hong Kong's

emergence as a financial centre

was beneficial to all concerned

and was complementing rather than

competing against other major

world financial centres.

CCOM..

(B)

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